Retail premises to let in Retail Units, 2, 3, 4 & 5, Don Allen Drive, Basingstoke RG24

Key Points

Description

The Merton Rise Development is a newly constructed joint venture between Vivid and Persimmon Homes development providing 754 new homes set over 130 acres on the northern edge of Popley. There is more residential development planned over the next 12 - 24 months. The Everest Community Academy is situated nearby directly linked via a newly created central walkway and caters for 11 - 16 year olds.

The premises have recently been constructed and comprise a new neighbourhood retail development within Merton Rise development of 5 brand newly constructed retail units which include a Co-op Food convenience store with residential apartments above. Generous customer and resident’s car parking is provided.

Location

The premises are situated to the north of Basingstoke and a short distance from both the A339 Ringway North and the A340 Aldermaston Road and Popley Way. Junction 6 of the M3 motorway is only 3.5 miles drive to the south and junction 11 of the M4 motorway is approx. 15 miles to the north. Basingstoke town centre is approximately 3 miles.

Terms

New effective fully repairing and insuring lease(s) for a minimum period of 10 years, subject to periodic rent reviews.

Legal Costs

Each party to bear their own reasonable legal costs.

Anti Money Laundering

To comply with Anti Money Laundering regulations, Curchod & Co undertake id checks for all successful purchasers and tenants where legislation requires us to do so.